SCOUT· 50%35m·2026-05-14·News PoliticsA New Leader — and a New Showdown — at the Fed
After a year of harassing and threatening Jerome Powell, the chairman of the Federal Reserve, President Trump replaced him on Wednesday. Colby Smith, who covers the Fed, explains how the president ended one standoff only to create a new one. Guest: Colby Smith (https://www.nytimes.com/by/colby-smith) , a New York…
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What people are saying
“Criticizing Powell for staying is so wrong-headed. Trump is the one who is trying to break the independence of the Fed and Powell is doing us all a favor by standing up to him.”
“Powell is incredibly brave... for the people of America!”
“Powell is the Man, a man with huge cojones!!!”
“In typical trumpian fashion, he's maneuvered into a position that either way, he has succeeded in politicizing the Fed. And as a result, weakened the institution.”
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